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Euro flirts with lows not seen in four years

Single-currency drops to about $1.20

Redazione Ansa

(ANSA) - Milan, January 2 - The euro fell to lows not seen in more than four years in early treading Friday when it dropped to a low of $1.2035 US. The single currency was last at that level in June 2010, according to traders. The latest slide came after European Central Bank President Mario Draghi suggested in an interview with a German newspaper that deflation risks in the eurozone were worse now than six months ago.
   

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